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  Business   Companies  25 Apr 2018  Wipro Q4 net profit falls over 20 per cent to Rs 1,800 crore

Wipro Q4 net profit falls over 20 per cent to Rs 1,800 crore

PTI
Published : Apr 25, 2018, 4:34 pm IST
Updated : Apr 25, 2018, 4:38 pm IST

Wipro's profit fell 6 pc to Rs 8,003.1 crore, while total income dipped 1.7 pc to Rs 57,035.8 crore over 2016-17.

Company’s total income was down 4.9 per cent at Rs 14,304.6 crore in the fourth quarter of last fiscal, compared to Rs 15,045.5 crore.
 Company’s total income was down 4.9 per cent at Rs 14,304.6 crore in the fourth quarter of last fiscal, compared to Rs 15,045.5 crore.

New Delhi: Wipro on Wednesday posted over 20 per cent decline in its consolidated profit to Rs 1,800.8 crore for the March quarter, 2017-18.

The country's third-largest software services firm had registered a profit of Rs 2,267 crore in the year-ago period, as per Indian accounting norms.

 

Its total income was down 4.9 per cent at Rs 14,304.6 crore in the fourth quarter of last fiscal, compared to Rs 15,045.5 crore in the January-March period of 2016-17.

For the entire financial year ended March 31, Wipro's profit fell 6 per cent to Rs 8,003.1 crore, while total income dipped 1.7 per cent to Rs 57,035.8 crore over 2016-17. 

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